In 2023, Slovakia led European exports of new pneumatic tyres for buses, lorries, and aircraft, contributing 17.55% of unit share. Hungary and Germany followed with 12.73% and 12.32%, respectively. The data indicates steady growth in smaller markets like Croatia and Latvia, with growth rates of 6.54% and 7.72%. Conversely, the United Kingdom and Bulgaria saw significant declines, at -13.48% and -15.46%. Germany's slight contraction at -0.21% might suggest market saturation or competitiveness challenges.
Looking to the future, emerging trends include increasing innovation in tyre technology and a shift towards sustainable practices. Monitoring Hungary's potential growth trajectory and Germany's capacity to reclaim market share will be key. Attention should also be given to regulatory changes impacting trade across European borders and fluctuations in global demand, especially from Asian markets.
Top countries in Export of New Pneumatic Tyres, of Rubber, of a Kind Used on Buses, Lorries or Aircraft Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 17.55 | 2023 | +3.64% | +4.31% | View data |
| 2 | 2 Hungary | 12.73 | 2023 | +5.38% | +15.43% | View data |
| 3 | 3 Germany | 12.32 | 2023 | +0.62% | -0.21% | View data |
| 4 | 4 Poland | 7.98 | 2023 | +1.65% | +0.52% | View data |
| 5 | 5 Spain | 7.38 | 2023 | +6.54% | +1.12% | View data |
| 6 | 6 Czechia | 7.32 | 2023 | |||
| 7 | 7 Romania | 7.25 | 2023 | +4.09% | +5.38% | View data |
| 8 | 8 France | 6.82 | 2023 | +2.65% | -1.83% | View data |
| 9 | 9 Netherlands | 4.45 | 2023 | +1.88% | +2.39% | View data |
| 10 | 10 Italy | 3.37 | 2023 | +3.8% | -1.39% | View data |
